Despite a somewhat chaotic year, with markets buffeted by trade wars and geopolitical risks, the global economy has continued to expand (albeit at a slower pace than previously). Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! The market’s reaction to media coverage of trade wars has […]
Category: Macroeconomics
Long-term negative correlation between the dollar, gold prices takes a break
Gold prices surged this year due to greater uncertainty in the global macroeconomic environment. By August, the price briefly regained the $1,500/ounce price point and stood at $1,460/ounce in late November. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Over the longer term, […]
U.S. housing activity surges in October, starts jump 3.8%
Despite the plunge in temperatures, housing activity around the country heated up in October. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Housing starts rise in October According to the U.S. Census Bureau and the Department of Housing and Urban Development, privately owned […]
Britain’s Dec. 12 general election has the potential to move markets
You could be excused in the U.S. for overlooking the fact that the U.K. is going through a snap election campaign. Any such coverage of the U.K.’s upcoming election is being drowned out by the U.S. media’s hourly reporting of the varying prospects for the numerous Democratic contenders and the daily tussles between lawmakers and […]
Don’t look to Beijing to raise global growth via stimulus as it has in the past
In previous downturns, Beijing has taken a range of stimulus measures to keep the economy growing robustly; as a result, it has contributed positively to global GDP and commodity prices. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. But this time around Beijing […]
This Morning in Metals: Federal Reserve Cuts Interest Rates Again
This morning in metals news, the Federal Reserve has cut interest rates for the third time this year, AK Steel released its third-quarter financials and 16 steel industry associations praised the work of the Global Forum on Steel Excess Capacity. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s […]
Amid the Latest Economic Downturn, is the Indian Dream Unraveling?
Prime Minister Narendra Modi’s vision for India to become a $5 trillion economy by 2024 is in danger. The current downturn — the third since the financial crisis — looks likely to undo that objective and extend further into the future as the world’s second-most populous country strives to bring large swathes of its population […]
September U.S. Housing Starts Fall 9.4% from August
U.S. housing starts in September dropped 9.4% compared with the previous month, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. According to the joint report, housing starts in September […]
The U.K.’s Woes are About More than Just Brexit
Anyone who argues the U.K. has not been impacted by its decision three years ago to leave the European Union only has to look at the figures to see how wrong that argument is. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. The […]
This Morning in Metals: Codelco to Hold European Copper Premium Flat
This morning in metals news, Codelco is holding its 2020 copper premium flat for Europe, China’s yuan could see further devaluation and Alcoa’s Baie-Comeau smelter has received certification from the Aluminum Stewardship Initiative. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Copper Premium […]
